Kinder Morgan (BSP:KMIC34) Cyclically Adjusted Revenue per Share: R$41.92 (As of Mar. 2026)

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BSP:KMIC34 Kinder Morgan Inc BSP:KMIC34
69 GF Score
Price R$165.00
GF Value R$146.60
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Kinder Morgan Cyclically Adjusted Revenue per Share?

Kinder Morgan BSP:KMIC34 69 Cyclically Adjusted Revenue per Share is R$41.92 as of Mar. 2026. GuruFocus rates BSP:KMIC34 with a GF Score™ of 69/100 and a GF Value™ of R$146.60 (Modestly Overvalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Kinder Morgan's adjusted revenue per share for the three months ended in Mar. 2026 was R$11.348. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$41.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kinder Morgan's average Cyclically Adjusted Revenue Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Kinder Morgan was -0.80% per year. The lowest was -10.00% per year. And the median was -6.45% per year.

As of today (2026-07-22), Kinder Morgan's current stock price is R$165.00. Kinder Morgan's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$41.92. Kinder Morgan's Cyclically Adjusted PS Ratio of today is 3.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kinder Morgan was 4.36. The lowest was 0.95. And the median was 1.90.


Kinder Morgan  (BSP:KMIC34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Kinder Morgan's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=165.00/41.92
=3.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kinder Morgan was 4.36. The lowest was 0.95. And the median was 1.90.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Kinder Morgan Cyclically Adjusted Revenue per Share Related Terms


Kinder Morgan Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Kinder Morgan's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kinder Morgan Cyclically Adjusted Revenue per Share Chart

Kinder Morgan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.79 50.19 42.34 48.07 42.79

Kinder Morgan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.31 41.98 41.68 42.79 41.92

BSP:KMIC34 vs EPD, ET, TRGP: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Midstream subindustry, Kinder Morgan's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kinder Morgan Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kinder Morgan's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kinder Morgan's Cyclically Adjusted PS Ratio falls into.


BSP:KMIC34
69GF Score
Kinder Morgan Inc BSP:KMIC34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinder Morgan Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Kinder Morgan's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.348/330.2130*330.2130
=11.348

Current CPI (Mar. 2026) = 330.2130.

Kinder Morgan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.829 241.018 6.616
201609 4.858 241.428 6.645
201612 5.090 241.432 6.962
201703 4.802 243.801 6.504
201706 4.977 244.955 6.709
201709 4.607 246.819 6.164
201712 5.367 246.524 7.189
201803 5.078 249.554 6.719
201806 5.865 251.989 7.686
201809 6.553 252.439 8.572
201812 6.529 251.233 8.582
201903 5.822 254.202 7.563
201906 5.478 256.143 7.062
201909 5.848 256.759 7.521
201912 6.069 256.974 7.799
202003 6.703 258.115 8.575
202006 5.875 257.797 7.525
202009 6.965 260.280 8.836
202012 7.082 260.474 8.978
202103 12.970 264.877 16.169
202106 6.993 271.696 8.499
202109 8.905 274.310 10.720
202112 11.028 278.802 13.062
202203 9.424 287.504 10.824
202206 11.479 296.311 12.792
202209 12.049 296.808 13.405
202212 10.694 296.797 11.898
202303 9.012 301.836 9.859
202306 7.596 305.109 8.221
202309 8.653 307.789 9.283
202312 8.904 306.746 9.585
202403 8.618 312.332 9.111
202406 8.670 314.175 9.113
202409 9.223 315.301 9.659
202412 10.957 315.605 11.464
202503 10.990 319.799 11.348
202506 10.088 322.561 10.327
202509 9.998 324.800 10.165
202512 11.064 324.054 11.274
202603 11.348 330.213 11.348

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of R$41.92 mean?
Kinder Morgan (BSP:KMIC34) has a Cyclically Adjusted Revenue per Share of R$41.92 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Kinder Morgan and its competitors.
Is Kinder Morgan's Cyclically Adjusted Revenue per Share too high?
Kinder Morgan's current Cyclically Adjusted Revenue per Share is R$41.92. Overall, Kinder Morgan has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinder Morgan's Cyclically Adjusted Revenue per Share compare to EPD and ET?
Kinder Morgan's Cyclically Adjusted Revenue per Share of R$41.92 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Kinder Morgan and its competitors. Kinder Morgan's current Cyclically Adjusted Revenue per Share is R$41.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinder Morgan stock overvalued right now?
Based on GuruFocus' analysis, Kinder Morgan (BSP:KMIC34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$146.60, compared to a current price of R$165.00 — trading 12.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$41.92. Kinder Morgan's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Kinder Morgan (BSP:KMIC34), the current Cyclically Adjusted Revenue per Share is R$41.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kinder Morgan (BSP:KMIC34) Overvalued in 2026?

Based on GuruFocus' analysis, Kinder Morgan stock appears to be overvalued. The current stock price of R$165.00 is trading 12.6% above its estimated GF Value™ of R$146.60. GuruFocus considers Kinder Morgan to be Modestly Overvalued.

Key valuation signals for BSP:KMIC34:

  • Cyclically Adjusted Revenue per Share: R$41.92
  • GF Value™: R$146.60 vs. price of R$165.00 (12.6% above fair value)
  • GF Score™: 69/100 with 9 warning signs

No single metric tells the full story. See the BSP:KMIC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinder Morgan Business Description

Industry EnergyOil & Gas
Address 1001 Louisiana Street, Suite 1000, Houston, TX, USA, 77002
Kinder Morgan operates natural gas, crude oil, and refined products pipelines connecting producing regions to demand centers. It is principally involved in the gathering, storage, and transmission of natural gas across the continental United States. It also operates distribution centers for refined products along with the largest fleet of Jones Act-compliant tankers.
69GF Score

Get the complete analysis for BSP:KMIC34

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$165.00
Price
R$146.60
GF Value